Jeremy Grantham's BMO Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 131,825 shares of Bank of Montreal (BMO) worth $17.14 M, representing 0.04% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 47 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in BMO, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2015, adding 837,000 shares. Largest reduction occurred in Q2 2019, reducing 771,453 shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's Bank of Montreal (BMO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Bank of Montreal (BMO) Trades by Jeremy Grantham
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -32,981 | Reduce 20.01% | 131,825 | $130.04 |
| Q3 2025 | +37,029 | Add 28.98% | 164,806 | $130.34 |
| Q2 2025 | +76,970 | Add 151.49% | 127,777 | $110.60 |
| Q1 2025 | +6,398 | Add 14.41% | 50,807 | $95.48 |
| Q4 2024 | +44,409 | New Buy | 44,409 | $97.03 |
| Q1 2024 | -66,272 | Sold Out | 0 | $0.00 |
| Q4 2023 | -6,641 | Reduce 9.11% | 66,272 | $99.08 |
| Q3 2023 | +40,582 | Add 125.52% | 72,913 | $84.37 |
| Q2 2023 | +32,331 | New Buy | 32,331 | $90.31 |
| Q1 2023 | -15,700 | Sold Out | 0 | $0.00 |
| Q4 2022 | -393,400 | Reduce 96.16% | 15,700 | $90.53 |
| Q3 2022 | -50,400 | Reduce 10.97% | 409,100 | $88.11 |
| Q2 2022 | -148,400 | Reduce 24.41% | 459,500 | $95.96 |
| Q1 2022 | -128,600 | Reduce 17.46% | 607,900 | $117.78 |
| Q4 2021 | +194,600 | Add 35.91% | 736,500 | $107.82 |
| Q3 2021 | +147,000 | Add 37.22% | 541,900 | $99.81 |
| Q2 2021 | +349,900 | Add 777.56% | 394,900 | $102.61 |
| Q1 2021 | +18,200 | Add 67.91% | 45,000 | $89.13 |
| Q4 2020 | -2,600 | Reduce 8.84% | 26,800 | $75.97 |
| Q3 2020 | -22,400 | Reduce 43.24% | 29,400 | $58.27 |
| Q2 2020 | +51,800 | New Buy | 51,800 | $53.05 |
| Q4 2019 | -138,430 | Sold Out | 0 | $0.00 |
| Q3 2019 | -283,600 | Reduce 67.20% | 138,430 | $73.75 |
| Q2 2019 | -771,453 | Reduce 64.64% | 422,030 | $75.46 |
| Q1 2019 | +57,100 | Add 5.02% | 1.19 M | $74.83 |
| Q4 2018 | +291,400 | Add 34.49% | 1.14 M | $65.33 |
| Q3 2018 | +502,983 | Add 147.07% | 844,983 | $82.48 |
| Q2 2018 | +342,000 | New Buy | 342,000 | $77.25 |
| Q4 2017 | -150,200 | Sold Out | 0 | $0.00 |
| Q3 2017 | -85,300 | Reduce 36.22% | 150,200 | $75.51 |
| Q2 2017 | +27,500 | Add 13.22% | 235,500 | $73.33 |
| Q1 2017 | -13,826 | Reduce 6.23% | 208,000 | $74.50 |
| Q4 2016 | -35,974 | Reduce 13.95% | 221,826 | $72.01 |
| Q3 2016 | -446,900 | Reduce 63.42% | 257,800 | $65.42 |
| Q2 2016 | -93,100 | Reduce 11.67% | 704,700 | $63.10 |
| Q1 2016 | -220,700 | Reduce 21.67% | 797,800 | $60.98 |
| Q4 2015 | -2,300 | Reduce 0.23% | 1.02 M | $56.21 |
| Q3 2015 | +837,000 | Add 455.39% | 1.02 M | $54.28 |
| Q1 2015 | -102,400 | Reduce 35.78% | 183,800 | $59.93 |
| Q4 2014 | -48,800 | Reduce 14.57% | 286,200 | $70.95 |
| Q2 2014 | +300 | Add 0.09% | 335,000 | $73.77 |
| Q1 2014 | -38,300 | Reduce 10.27% | 334,700 | $67.01 |
| Q4 2013 | +14,900 | Add 4.16% | 373,000 | $66.64 |
| Q3 2013 | -91,600 | Reduce 20.37% | 358,100 | $66.88 |
| Q2 2013 | +449,700 | Add 0.00% | 449,700 | $57.82 |
Jeremy Grantham's Bank of Montreal Investment FAQs
Jeremy Grantham first purchased Bank of Montreal (BMO) in Q2 2013, acquiring 449,700 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held Bank of Montreal (BMO) for 47 quarters since Q2 2013.
Jeremy Grantham's largest addition to Bank of Montreal (BMO) was in Q3 2015, adding 1,020,800 shares worth $55.41 M.
According to the latest 13F filing for Q4 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 131,825 shares of Bank of Montreal (BMO), valued at approximately $17.14 M.
As of the Q4 2025 filing, Bank of Montreal (BMO) represents approximately 0.04% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings.
Jeremy Grantham's peak holding in Bank of Montreal (BMO) was 1,193,483 shares, as reported at the end of Q1 2019.